The Central Bank of Nigeria (CBN) has cleared the existing foreign exchange demand to allow the naira effectively reflect market realities intended in the new foreign exchange regime. CBN, through
Tag "naira"
The Nigerian naira plunged to 280 against the dollar at the interbank market on Monday evening as the Central Bank of Nigeria (CBN) sold foreign exchange to 21 bidding banks
The Nigerian Stock Exchange (NSE) experienced a downturn following uncertainties around the currency situation in the Nigerian interbank market for the first trading day. On Friday, the stock exchange peaked
Following the Central Bank of Nigeria (CBN) decision to let market forces drive the position of the naira, the interbank market pushed the local currency to as high as 264
The naira recovered dramatically at the parallel market on Monday, moving from N355 on Friday to N330 at 9am on Monday
The new foreign exchange policy adopted by the Central Bank of Nigeria (CBN) appears to be impacting positively on the Nigerian
The naira appreciated slightly on the parallel market on Thursday, following the decision of the Central Bank of Nigeria (CBN)
The Central Bank of Nigeria (CBN) is suggesting that the new band for the naira, pending the direction of market
The Central Bank of Nigeria (CBN) has finally released the guidelines of the new foreign exchange policy earlier announced on
The Central Bank of Nigeria (CBN) has finally let go of pegs on the naira, allowing the market forces to
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